Indianapolis Times, Volume 42, Number 2, Indianapolis, Marion County, 13 May 1930 — Page 14

PAGE 14

WHEAT UNEVEN ON POOR CROP. NEWSREPORTS Foreign Cables Fail to Add Strength to Nervous Grain Trade. Bu T'nited Press CHICAGO. May 13. Wheat opened unevenly steady on the Board of Trade today, foreign cables being disappointing. Liverpool was off to a poor start, though the market advanced on a well-sustained demand and Buenos Aires was % to \ cent lower. The bullish Canadian report last night, showing a May 1 condition of 87 per cent against 103 per cent a year ago, with an abandonment of 21 per cent, received little attention. Corn and oats were about steady. At the opening wheat was % cent lower to cent higher, com was ’* cent lower to % cent higher, and oats was unchanged to V cent lower. Provisions were steady. Liverpool was not as strong as expected at the start, but strengthened during the day and was Its cents to IS cents up a mid-after-noon. There is no inclination to buy on any of the advance as an incentive for a sustained bulge is lacking, according to many traders. Support comes on setbacks, however. and the cash situation is stronger. Crop reports from the southwest are not uniformly favorable. The large decrease in the visible supply confirms the reports that the farm board Is moving wheat out of storage, presumably to mills. Short sellers in com are nervous, due to the reports that sections ot lowa are receiving too much rain, and more rain fell in that state last night. On rallies in wheat the shorts scurry to cover. There has been no change in the oats pit, cash houses are still buying May on setbacks, while the northwest is buying all months. Chicago Grain Table —Mav 13WHEAT— . P rev - Ooen. High. Low. Close, close. Mav.. 1.03*2 103% 1 02*. 1.02% 1.03;. Julv.. 1.04% 1.04 7 a 1.03% 1.03% 1.04% Sect . 1.07% 1-08 1.06% 1.06% 1.01% Dec... 1.12 1.12*2 l.ll's 1.11% 1-1% Mav.. .78% .79% -78*2 .78% .78* Julv.. 80 .80% .79% .79% 80 Sept.. .80% .81% .80% .30;. .80* Dec... .75% .76% .75% 75 * .75 /s OATS- A2 „ Jutv'. 41 i 41% .41 -41% -41 % tort .40 1 .40% .40% .40-/2 .40% Dec.. 43 .43*4 .43 .43 .43 M s v YE_ -60 JU*V.‘: * .64% .64% .63% .63% -64% 3eot.. .68% .68% .67% .67% .68 * Dec... .73 73 .71% .71% .72% Mw^ R ? 927 19.30 10 27 Julv 10 32 10 35 10.32 10.35 10.32 Beat. 10.55 10.57 10.52 10.56 10.52 BELLIES - .. < j 13 97 -• i&V £SS fiSL :::: :::: - 1 . 1362 13.62 Bu Tim'* Special CHICAGO. Mav 13 —Cariots: Wheat. 36. corn. 162: oats. 113; rve. 3. and barley. 13. ICEBERGS REPORTED IN PATH OF SHIPPING Coast Guard Cutter Patrols Region to Keep Cheek on Locations. Bu Science- Service WASHINGTON. May 13.—Reports of icebergs on the trans-Atlantic ship lane at the “comer of the Atlantic” have been received by the United States navy's hydrographic office here from the Coast Guard Cutter Mojave. Although this is early for ice to appear In the path of shipping, with the Mojave patrolling the threatened area and reporting the locations of the bergs the situation is not considered dangerous and a change of the path to a more southerly route will not be rcommended, the hydrographic office says. More bergs have been observed north of the mid-Atlantic turning point, the only place at which vessels change the direction of their 2,000 mile voyage between Europe and America. This ice may move down on the lane or be swept aside and melted by changing ocean current and winds. The positions of the bergs can be estimated only a few days in advance. INDIANA HOMES HAVE 365,800 RADIO SETS Survey Reveals Total of 11,803,000 Receivers in United States. Bu Time* Special NEW YORK. May 13.—0f the 19.721,486 homes in the United States which are wired for electricity. more than 11,803.000 of them have radio sets which are in fair operative condition, according to Raidio Retailing, which has just published a state by state survey of the situation. Os this total approximately 7,000,000 sets are operated electrically. About 2.000,000 farms have radio equipment and about 2,803.000 houses in city and suburban territories have battery operated sets. “New York, with 1.368,800 sets, or 11.6 of the total, leads in totals by states.” the publication declares. “Pennsylvania, with 967,600 radio equipped homes, or 8.2 per cent of the national total, is second on the list and Illinois, with a total of 873,200. or 7.4 per cent, is third. Indiana has 365.800." PRESIDENT WILL AID SAILORS GET TALKIES Hoover to Send Congress Estimates cn Equipping Vessels. Bu United Pro* WASHINGTON. May 13.—The advent of the sound moving pictures has created a disturbing situation with the United States fleet, since there no longer is a sufficient supply of silent films to amuse and entertain the gobs during their long cruises. But President Hoover announced today he proposes to rectify the matter. Mr. Hoover will send to congress an estimate covering the costs of equipping all. navy vessels with adequate sound apparatus so that no longer will the sailors lack for their favorite pastime while on the seas. Land Appraisers Needed The United States interstate commerce commission is in need of land appraisers, it was announced today by Henry’ M. Trimpe. secretary of the local board of civil service examiners. from whom full information may be obtained at the federal _ ..

Explorer Dies

Fridtjof Nansen, famed Norwegian explorer, a statesman and scientist , died at Oslo today. He war 63. In 1923 he was awarded the Nobel peace prize. Story on Page One GASOLINE THIEF FLEESjOLLETS Man Draining Cars Believed to Have Been Wounded. A Negro gasoline thief fled at 2:30 this morning while T. R v Cain, Pinex court. Apt. 47, at 803 Fletcher avenue, fired revolver shots from a bedroom window. Cain believes one of the shots struck the. Negro, whom Cain saw draining gas from cars parked in the court. Leo A. Dorn, druggist at 572 Massachusetts avenue, yelled when, on coming into the store from the basement, he found a Negro bandit holding Eugene Dorn, brother of the druggist, at bay with a gun. The Negro ran. Three bandits robbed Frank Level, 827 Sanders street, grocer at 1225 Leonard street, of $75 in the store Monday night. James R. S. Noels of Fortville reported to police two hitch-hikers Monday night held him up and stole his car. William Ikerd, 3500 Birchwood avenue, reported articles valued at SSO stolen by burglars. PASS JOBLESS BILLS Senators Wait Action of House on Measure. Bu United Press WASHINGTON, May 13.—Three measures to improve employment conditions in the United States were waiting house action today after having been passed by the senate Monday. The trio, introduced by Senator Wagner (Dem., N. Y.) would set up a state-federal system of employment agencies costing the national government $4,009,000 a year, provide an emergency unemployment reserve fund of $150,000,000, and insure the collection of adequate unemployment statistics.

In the Stock Market

(Bv Thomson /t McKinnon) NEW YORK. May 13.—The remarkable change in the copper situation, with no signs as yet that consumers the world over have filled their requirements, is undoubtedly the outstanding development in so far as trade conditions are concerned. Domestic fabricators, who have been holding back, have finally entered the market in a big way, suggesting that their inventories have been allowed to run very low. This inventory policy, it is reasonable to assume, may be characteristic of other basic materials and suggests that the socalled buyers’ strikes or trade deadlock can not be much further prolonged. With commodities thought to be the key to the solution of a general business revival, we feel that the reversal in the copper situation may be the forerunner of what is to come in other directions. The sharp gain reported in building permits, issued in leading cities of the United States during the month of April, gives added weight to this thought. So long as the technical position of the security markets remains so strong we are inclined to hold to our optimistic opinion.

The City in Brief

WEDNESDAY EVENTS Mutual Insurance Association luncheon. Columbia Club. Lions Club luncheon. Lincoln. Purdue Alumni Association luncheon. Severin. Ulini Club luncheon. Board of Trade. League for the Hard of Hearing, meeting. Hotel English. * p. m. Union Street Civic League meeting. S p. m. Indianapolis Bar Asscciation dinner, Columbia Club, 6:15 p. m. Indiana Bankers Association convention. Lincoln. Indiana Eclectic Medical Association, convention. Lincoln. Chairman Albert J. Wedeking and Director John J. Brown of the state highway department were speakers at a dinner of the Republican Fellowship Club of Statehouse Employes at the Severin Monday night. A play, “Sewing to the Heathen,” will be presented by the True Blue Club of the Betsy Ross Federation at the club hall. 2729 North Sherman drive, at 7:30 Wednesday night. Mrs. Emry Volmer is director. Carl Tuttle was elected president of the Indiana University Club of Indianapolis at annual elections in the Columbia Club Mond&y. Other officers are: James Ingles, vicepresident: Carl Everleigh, secretary, and Edward Rowlands, treasurer. ■ Indianapolis alumni of Northwestern university, meeting at the Propylaeum at a dinner Wednesday night, will observe the traditional candle lighting ceremony with Paul M. Fifer as conductor. Dr. John E. Stout, dean of the school of education at the university, will be the speaker. NEW YORK COFFEE RANGE -May 13— High. Low. Close. March 7.96 7.04 7.94 May 8.73 860 8.85 July 8.84 8.16 8.43 September 833 t.SO 8.25 ‘" r- r . B.o* 8.01 8.01

SWINE MARKET HOLDS STEADY AT CITY YARDS Slaughter Classes Drop 50 Cents in Cattle Trade; Sheep Even. May. Balk. Top. Receipt*. 6. $10.35 *10.35 4.000 7. 10.50 10.55 3.500 8. 10.40 10.50 5.500 9. 10.50 10.50 6.000 10. 10 25010.35 10.40 2.5C0 12. 10.2541 10.35 10.35 5.000 13. 10.25® 10.35 10.40 7.000 Porkers held generally steady today at the union stockyards, prices for the bulk, 160 to 250 pounds, ranging from $10.25 to $10.35. Top price paid was $10.40. Receipts were estimated at 7.0C0 head; holdovers were 369. Slaughter classes were 25 to 50 cents lower in the cattle market. Receipts were 1,500. Vealers were steady at $10.50 down. Calf receipts were 1,100. Sheep were steady with receipts of 300. Spring lambs sold at $9 to sl4. Chicago hog receipts were 24,000, including 10,000 direct; holdovers were 6,000. Today’s market was steady with Monday’s average. Choice 170 to 210-pound weights sold at $10.30 to $10.35;; 250 to 290peund weights, $10.15 to $19.25. Cattle receipts were 4,000; sheep, 20,000. —Hogs— Receipts. 7,000: market, lower. Heavies, 300 lbs. up $ 9.504? 9.85 250-300 lbs 9.85® 10.15 Med. wts., 225-250 lbs 10.15fG0.35 200-225 lbs 10.254110.40 I, wts.. 160-200 lbs 10.25® 10.40 Light lights. 130-160 lbs 9.754/10.00 00-130 lbs 8.754? 9.50 Packing sows 8.25® 9.25 -CattleReceipts. 1.500: market, steady. Beef steers. 1.100-1.500 lbs., good and choice $10,754/13.25 Common and medium [email protected] B%f steers. 1,100 lbs. down, good and choice 10.50® 13.00 Common and medium 7.504110.50 Heifers. 850 lbs. down, good and choice [email protected] Common and medium [email protected] Cows, good and choice 7.504? 9.00 Common and medium 5.75® 7.50 Lower cutter and cutters 4.00® 5.75 Stocker srd feeder steers, good and choice 9.004517.00 Common and medium 7.00® 9.00 —Vealers— Receipts. 1.100; market, lower. Medium and choice $ [email protected] Cull and common 5.00® 7.50 —Sheep— Receipts. 300: market, steady. (Shorn basis) Lambs, good and choice $ [email protected] Common and medium 7.50® 9.00 Spring lambs 9.004574.00 Ewes, medium to choice 4.00®: 5.00 Cull and common 2.00® 4.00 Other Livestock Bu United Pres* CHICAGO. Mav 13 Hogs Receipts. 24.000. including 10.000 direct; mostly steady on hogs scaling over 240 lbs.; lighter weights steady to 10c lower; top. $lO 35, paid for 170-210-lb. weights; butchers, medium to choice. 250-350 lbs., $9.75® 10.25; 200-250 lbs.. $9.85® 10.35: 160200 lbs., $9.85® 10.35; 130-160 lbs.. $9.60® 10 30; packing sows. $9®9.65: pibs, medium to choice, 90-130 lbs., $94? 10.15. Cattle—Receipts. 4,000; calves. 3.000; general steer trade about like Monday's extreme close: buyers showing little more interest, apparently attracted by Monday’s sharp downturn; she-stock also more active, but prices generally no more than steady; bull run and vealers 50®75c higher; slaughter classes, steers, good and choice. 1.300-1.500 lbs.. $11.50® 14.25; 1.100-1,300 lbs.. $11.25 @l4; 950-1,100 lbs., $10.754?73.50; common and medium. 650 lbs. up, $7,504/71.25; fed yearlings, good and choice. 750-950 lbs., $10.50® 13.50; heifers, good and choice. 850 down. $9.25® 11.50; common and medium. $7(6 9.25; cows, good and choice. 574?9.50; common and medium. $5.75®7.25; low cutter and cutter cows. [email protected]; bulls, good and choice beef. $7.25®9; cutter to medium. $6.50®7.50: vealers. milk fed. good and choice, $10,254/72.75: medium. 38.504/ 10.25; cull and common. $64/ 8 50; stocker and feeder steers, good and choice, all weights. $9,75 0.11.25; common and medium. $7.5039.75. Sheep-Receipts. 20,000; practically nothing done; buyers talking 25®50c lower on $94/9.50 on good to choice shorn lambs; few native springers. sll® 11. fat ewes. [email protected]; lambs, good and choice. 92 lbs. down. $8.85® 9.90; medium. $3,504/9; cull and common. $7,754? 8.50; medium to choice. 92-100 lbs. down, SB4/ 9.65; ewes, medium to choice, 150 lbs. down. $44?5.75; cull and common, [email protected]. Bu United Press EAST ST. LOUIS. HI.. Mav 13.—Hogs— Receipts, 15,000: market, mostly steady; bulk. 160-240 lbs.. 510.15@20: top, $10.25. Cattle—Receipts. 4.000. Calves—Receipts, 2.000; market, bidding weak to lower on sters. mixed yearlings, heifers and cows; bulls, steady: vealers. 25c higher at $10.75. Sheep—Receipts. 2.000; market, slow; few good clipped lambs to packers, $9.25; odd lots spring lambs to city butchers, $12.50 down. Bu United Press FT. WAYNE. Ind.. Mav 13.—Calves—Receipts. 75; hogs. 300; sheep, 25; hog market, steady; 90-110 lbs., $9.20; 110-130 lbs.. $9.45; 130-150 lbs.. $9.65: 150-160 lbs.. S9.SO: 160-I,SO lbs.. $10.15: 180-200 lbs., $10.25; 220-225 lbs.. $10.15; 225-250 lbs., $10.05; 250-300 lbs.. $3.95: 300-350 lbs. $9.75; roughs. $8.50; stags. SS: calves, $10; clipped lambs, $8: wooled lambs, $9. Bu United Press CLEVELAND. May 13.—Hogs—Receipts, I. holdover, none; steady to 10 cents higher: pigs. 25c up; choice. 150-210 lbs., $10.60® 10.70: 220-250 lbs.. $10.50 down; 250300 lbs.. $10.35 and under: pigs. 510.25 down. Cattle—Receipts. 225: slow. weak, scattered steers. [email protected]: fat cows. s6® 8: cutter grades. $3.500 5.75. Calves—Receipts. 700: strong to 50c higher; better grades. sl2® 12.50; inbetween kinds. SB4? 11. few culls downward to $7. SheenReceipts. 600: active, but a forced market at steady prices, desirable lambs. $lO down; cull and common. $5.50@8 kinds predominating, sheep, steady. B" United Press TOLEDO. May 13.—Hogs—Receipts. 700: market 10® 15c higher: heavies, $9.75® medium. $10,20® 10.30: Yorkers, $9.50 ®9.75: pigs. $9 50® 9.75. Cattle—Receipts light: market slow. Calves—Receipts light; market steady. Sheep—Receipts light; market slow'. Bu United Press PITTSBURGH. Mav 13.—Hogs Receipts. 500; market, strong to 10c higher; 150-220 lbs.. slo.Bo® 10 85; 230-250 lbs., $10.40® 10.75: heavier hogs. [email protected]; pigs. slo® 10.25: sows. [email protected]. Cattle— None. Calves—Receipts. 50; market fullv steady; good and choice vealers. 25®50c Sheep—Receipts. 250; market 35@50c lower; old crop lambs. [email protected]; few springers steady at 512574; shorn aged wethers mostly $3@„7.50. Bu United Press EAST BUFFALO. N Y., Mav 13.—Hogs —Receipts. 703: holdovers 500: weights 160-230 lbs.. 10® 15c higher, mostly to shippers. $10.854710.90: heavier weights, $10,500.10.75: pigs and light lights. $10.75. Cattle—Receipts. 25: cows unchanged, cutter grades. $3.25476. Calves—Receipts. 150: fairlv active and steady; good to choice. sll to mostly $11.50: common and medium. sß® 9.50. Sheep—Receipts. 500; shorn lambs strong to 15c higher; handvweights. $10: choice 120-lb. averages, $8.50; good to choice. 60-65 lbs., Kentucky spring lambs. sl4. Bu United Pres* CINCINNATI. May 13.—Hogs—Receipts. 3.300: heldover. 270: market active, 170-230 lbs.. 5c higher; others, steady; desirable. 170-230 lbs.. $10.35® 10.40; 240-260 lbs. $10.15® 10.30: 260-325 lbs.. t9.754U0.15- 120-1 160 lbs.. [email protected]: pigs. [email protected]. $8.50418.75. Cattle—Receipts. 225. Calves—Receipts. 375: market, slow; steers and heifers scarce, few steady at s9® 11; cows, weak: most medium to good kinds $6.50®7.50: cutter grades. $4.75®6.25: bulls and vealers. steady; bulk medium bulls. $7 ®8: top vealers. S10.50: bulk undererades. $869. Shep—Receipts. 250; spring lambs, opened fullv steady; later trade dull and weak: strictlv choice handy weights, sold upward to $12.50: with bulk better grades at $114712. and plainer kinds mostly. $94? 11- culls. $3 and less, practically no old crop lambs offered; a few mutton ewes steady at s4®s. F.u Times Special LOUISVILLE. May 13.—Hogs—Receipts, 600; market. 10c higher; 300 lbs. up. $8.45-225-300 lbs.. $9.50; 165-225 lbs.. $10.10; ISO--165 lbs.. $9.30: 130 lbs. down. $7.30: roughs. $6.75: stags. $675. Cattle—Receipt*. 100: market, steady; prime heavy steers. <10.50 @11.50; heavy shipping steers. $9.50010.50: medium and plain steers. $8.503 9.50: fat heifers. $7.50® 11: good to choice cows. $6.25® 8: medium to good cows. $5.25® 6.25; cutters. 54.755.25: canners. [email protected]; bulls. s6@,B: feeders. SB@ 10.75: Stockers. $7.50® 11. Calves—Receipts. 300: market, steady; tops. $9; good to choice. *T@9: medium to good. $5.50®7: outs. $5 down. Sheen —Receipts. 1.500; market. 35c lower on lambs: sheet), steady; ewes and wether lembs. $11.75: buck lambs. *10.75: seconds and fed lambs. *7.5038.50: clipped sheep. *43 5. Monday's shipments—Cattle, 115; calves. 578; hogs. 266; sheep. 1.149.

Local Wagon Wheat

Cltv grsln elevators tre paying 96c for No. J red wheat and ,11c lor No. 2 hard wheat. v

THE INDIANAPOLIS TIMES .

New York Stocks (Bv Thomson & McKinnon)

—May 13— Railroads— Prev. High. Low. 11:30. close. Atchison 225 Bait & Ohio ...116% 1161a 116% 115% Cheaa it Ohio 212% Chesa Corn £B% 69 s a Chi Grt West .. 14% 13% 14% 14% Chi N 'West 82% 82% C R I & P 113 Del L & W 124 Del <fc Hudson 170 170 Erie 47% 47% 47% 48 Great Northern 94 Gulf Mob & Oil 38% Illinois Central 128 127 *■ Kan City So 74% MK&T 56% 56% Mo Pacific 80 Mo Pacific pfd , ... 129% N Y Central ....174% 174% 174% 174 Nickel Plate ... 114 N Y NH & H 114% Nor Pacific 83% Norfolk & West 239 O & W 13 Pennsylvania ... 77% 77% 77% 77% Seaboard Air L 9% So Pacific 122% Southern Ry 113 110% 111 113 St Paul 20% St Paul pfd 34% 34 St L& S F 115 114% 114%% 115 Union Pacific 225% w“Maryland 28% 28 28% 28% West Pacific 21 Equipments— , Am Locomotive. .. 66% Am Steel Fd 42% 43 Am Air Brakes S 45*i Gen Am Tank.. .106% 105% 106% 104% General Elec .. 81% 80% 81 80% Gen Rv Signal.. 90% 90% 90% 90 Lima Loco 34 Man El Sup.... 21 20 20% 19 Press Stl Car 10 ,10 Pullman 79 78% 78% 79% Westingh Ar B 43% 43% Westingh Elec ..176 173% 174% 175 Rubbers— Firestone 24 Fisk 4% 3% 3% 4 Goodrich 42% 41% 42 42 Goodyear 86% 83% 86% 85% Kelly Sprgfld 4% U S Rubber.... 29% 29% 29% 29'% Motors— Auburn 191% 186% 190% 191% Chrysler 35 34% 35% 34% Gardner 4'% Graham Paige 9% 9%. General Motors.. 49% 48% 49 48'% Hudson 45% 45 45 45 Hupp 20% 20% 20% 40% Mack 69% 67'% 68% 69 Marmon 23% Nash 44'% 43% 44% 43% Packard 18% 18% 18% 18% Pierce-Arrow 28% Reo 10% 10% Studebaker .... 39 37 38 37% Yellow Truck.. 28% 28% 28% 27% Motor Access— Bendix Aviation 42% 41*% 42% 42'/* Borg Warner 38% ... Briggs 22 21% 21% 21'% Eaton 29 28% El Storage B 71% 70% Hayes Body 11% Houda 22 21% 21% 22% Motor Wheel 30% Sparks W 23% 23% Stewart Warner 28% Timken Roll 76'% 77 Mining— Am Metals 45% 44% 44'% 44% Am Smelt 72 71% 717% 71 Am Zinc 10% Anaconda Cop... 63% 62% 62% 62% Cal & Hecla .... 207* 20'% 20% 20'% Cal & Ariz 68% ... Cerro de Pasco. 58% 58% 58% 57% Freeport Texas. .. .48 48 Granby Corp .. 34% 34% 43% 34% Great Nor Ore.. 21% 21% 21% 21% Howe Sound 32 Int Nickel 34 33% 33% 3374 Inspiration 21% 20'/a 21V* 20'% Kennecott Cop. 49% 48'% 48'% 48% Magma Cop 38'% 37'% Miami Copper ~23 22 23 21% Nev Cons 23'% 22'% 22'% 22% Texas Gul Sul.. 60 7 % 60'% 60’% 60'% U S Smelt 29% 29 Oils— Amerada 25 25 Am Republic 25'% 26% Atl Refining 42'% 42% Barnsdall 27 26% 27 26% Houston 99 98% 98% 97% Ind OH 25'% 25% Indian Refining 19% 19'% Lago Oil 24'% 24'% Mex Std 27 7 % 27% 27'% 27% Mid Conti 28 27% 28 28'% Pau-Amer (81.. 66% 63'% 66% 63% Phillips 40% 40'% 40% 41 Pr Oil & Gas 46% 47 Pure Oil 24 23% 23% 23% Richfield 23% 23’% 23% 23% Roval Dutch 53 52% Shell Un 22% 22% Simms Pt ... 28'% 29'% Sinclair 27'% 27'% 27% 27'% Skellv 35% 35'% Standard of Cal 69% 69% 69'% 69% Standard of NJ. 77% 76% 77 76'% Standard of N Y 36% 36 36'% 36% Texas Cos 57% Union Oil 45% Steels— Am Roll Mills... 75% 73% 75% 74 Bethlehem 96'% 96 96% 97 Byers A M 92% 90% 91% 90% Colo Fuel ... 58'% Cruc Steel 78 tedium 327% 32 32'% 32% Midland 35% Newton 50 50'% Khpub I & S 53 U S Steel 117% 170% 171'% 171% Vanadium 105 103'% 104'% 103'/* Youngst S& W 38% 38 38% 38 Tobaccos— Am Tob (B) 26574 263'% 255'% 252'% Con Cigars 44% 44 Genera! Cigar.. .. ... 54*% 54 Lie * Myers B 110% 109% 110'% 110 Lorillard 26 25% 26 Phil Morris 12'% Reynolds Tob ... 54 53 5374 52 7 % Tob Pr A 11 Tob Pr B 4 4 United Clg 6 Ut'litles— Abitlbl 31% Adams Exp 30'% 30% Am For Pwr 80% 7871 80% 78% Am Pwr & Lt..110’4 10674 110% 107% A T & T 247 245% 245% 246% Col Gas & El.. 84 817* 83'% 80% Con & 50u.... 177* 17'% 17'% 17'% El Pwr &Li 90% 88% 89'% 88% Gen Gas (A)... 15 14% 14% 1474 Inti T & T 647's 63% 63'% 6374 Natl Pwr & Li 46% No Amer Cos ....118% 118% 118% 118% Pac Gas & El.. 67% 67V. 67% 68 Pub S.-rv N J.. .151% 1137a 115% 114'% So Cai Edison.. .. ... 65 66 Std G & E1....116'% 114'% 116% 115% United Corp .... 48 47 47'% 47'% Ut Pwr <fe L A 41 40'% West Union 181 ISO 181 182 Shinning— Am inti Corp .. 4374 72% 43% 43% Inti Mer M pfd 27 United Fruit 90’% 92'% Foods— Am Sugar 617* Armour A 5 % 5% Can Dry 627* ... Childs Cos 61 Coca Cola 1827 b 180 182'% 181% Cont Baking A. 297? 28% 28% 30 Corn Prod 106'% 104% 106% 1® 5 ,, Cudahy Pkg 43% Cuban Am Sug 6% Gen Foods 59% 59 Grand Union ••• 17% Hersev 10274 103 102 10174 Jewel Tea ... 58% Kroger 35'% 35% 35’% 35% Nat Biscuit 8674 86% 8674 85% Safeway St 90% Std Brands 23'% 23 23 237a Driiss — Cotv Inc 28 27 7/ s 27 7 /s 28 Lambert Cos ...10074 100% 100% 10!)'% Lehn & Fink 31 32 Industrials— Am Radiator.... 33 327a 3274 33 74 Certainteed 9 Gen Asphalt ••• . j>6% Otis Elev 7574 74 74’% 7374 Indus Chems— Allied Chem .. ... 313 310% Com Sclv 33 31% 32% 31--* Union Carb 88% 87'% 88% 88 U S Ind A1c0... 8974 89% 89% 90 Retail Stores— Assoc Dry Gds. .. ... 43% 42-a Gimbel Bros ... .. ••• 16% 17% Kresge S S .... 31% 317, 31% 31% Mav D Store ... 55% 55 55% 54% Mont Ward 42% 42% 42'% 41% Penny J C 69V* 69 69 69 Schulte Ret St .. ... 9 Sears Roe 8274 8 2 82 % 81% Woolworth 637* 62 7 /8 Amusements— ~ CofGra®h ke . .W. 28*4 '2874 '28% 28% Eastman^Kod*...24674 244,. 244,. 2 * Fox Film A .... 53 52% a2% 52% Grigsby Gru 21% 20% 21% 21% Loews Inc 9374 92 92 92 * Param Fam ... 69 68% 69 69 Radio Corp 49’% 487a 49% 49% . ... ... 42*2 Schubert .. 28% 2774 28% 29 Warner Bros ... 677, 67 67% 67'% Miscellaneous — City Ice & Fu.. 45% 44% 45% ... Congoleum 15% 15 15% 14 Am Can 142% 1407* 1427a 141 Cont Can 65% 65 85 65% Curtiss Wr HV2 H JLI ** • 2 -

BALTZELL SCORES DRY CASE EVIDENCE

‘Surely Some Rights Left in This Country,’ Says Federal Judge. Asserting a citizen has “some rights left,” Federal Judge Robert C. Baltzell today blocked the government’s efforts to introduce against three men charged with operating a nuisance evidence which was obtained by officers in a room near the defendants’ premises. Joe Tracy, Frank Hadley and Frank McEvoy were alleged to have been selling liquor over the counter of a poolroom at 140 Virginia avenue. When the place was raided Nov. 14, 15129. police testified they found a key undo: a blotter which -

STOCK SHARES SHOW FIRMER TONEAT NOON Oils Score Gains as Feature of Day’s Trade; List Is Stronger.

Average Stock Prices

Average of thirty industrials for Monday was 27076. off 1.85. Average of twenty rails was 143.26. up .14. Average of twenty utilities was 105.54. off .50 Average of forty bonds was 95.25, up .03. Bu United Press NEW YORK, May 13 —Oil shares featured the stock market in the first part of the session today, rising fractions to 3 points. The remainder of the list firmed up under the lead of blue chips, but gains were relatively small and trading was so light tickers ran clear part of the time. Vulcan Detinning made a sensational spurt of 21% points to 118, while J. I. Case rose more than 10 points from its low to 337, up 7 from the previous close, and International Salt made anew high at 144%, up 7% points on odd lot transactions. Steel common rose to 172 Vi in the early trading, but around noon it was again drifting, touching 171, where it was off%. Radio Corporation, General Electric, Westinghouse Electric and American Can held small gains. Houston Gains In the oil group, the speculative favorite scored a gain of 3% points to 1007* and gains of a point or more were made by Standard of New Jersey, Texas Corporation, Standard of New York, Indian Refining, Standard of California and Barnsdall. Columbia rose 3 points, Consolidated Gas 1% and American and Foreign rose 1%. Other utilities with the exception of American Telephone and Telegraph, which was down V 4, were firm. Around noon they showed a slightly easier tendency with the leading industrials. Motors Firm Motor shares were firm. General Motors featured with a gain of nearly a point, and Chrysler rose more than a point while other issues were up fractionally. General Motors, it was rumored, is planning to eliminate its Marquette and all but sixteen-cylinder Cadillacs, installing smaller Cadillac engines in the Lasalle. National Dairy products and Coca Cola were strong. Best was up in the mercantile group; Vanadium gained nearly 2 points in the steels; United Aircraft firmed up in the aviation shares. Rails were dull. Call money renewed at 3 per cent and held steady at that level with funds in lighter supply due to approach of mid-month settlements.

Investment Trusts

Bid. Ask. Am Founders (new) 24% 25% Basic Industry Shares 8% 9% Corporate Trust Shares 9% 9% Diversified Trust Shares (A).. 26% .. Diversified Trust Shares (B). 31% 22% Diversified Trust Shares fC).. 9% ?% First Investment Covporation.. .. U'% Fixed Trust Shares (A) 22% Fixed Trust Shares <B) 19% .. Investments Trust of N Y 12 12 4 Leaders of Industry 11% J 2 -? No Am Trust Shares 9% 10% Fower & Light Sec Trust 65 67 Revbarn & Cos 13 14 % Standard Oil Trust Shares.... 10 12 S W Straus Inv Units 52 58 Selected Amer Shares 8% 8 7 % Trustee Std Oil Sh B .... 10% 11-2 U S Elec & Pow Shares A... 42% 44% rj s Elec & Power Shares (B). 13 13*4

New York Bank Stocks

—May 13Bid. Ask. Chase National 138 159 Equitable 128% 126% Citv National 199 200% 142|I 4 2 | II? Bank of United States.... 64% 65% Chemical 74% 75% Centmental 36 /2 3 ( Empire Interstate £ Manhattan & Cos 131 New York Trust 288 291 Bankers 163% 164% Brooklyn Trust ••••••••-; sis Chatman Phenix National 134 135 Corn Exchange PliMjr 10l First National 5.900 6.000 Manufactures 134 *3* Commercial '• 520 osu Irving - 60 60/ 2 Central Hanover 393 VOTERS CUT BUDGET; CITY IN DIRE STRAITS Employes on Part-Time Basis as 11-Mill Tax Is ReducedBu United Press WTLLIMANTIC, Conn., May 13. —Police were on a five-day-week basis, highway employes on a four-day-week schedule, street lights were turned off at midnight, and street, sidewalk and sewer projects were canceled here today as city authorities struggled valiantly to keep Willimantic’s expenditures within a curtailed budget. These emergency measures were decided upon by the city council after citizens refused to vote an 11-mill tax rate to cover the $258,605 budget. The rate agreed upon was 8 mills, forcing the council to slash about $76,000 from the budget.

admitted them to a nearby apartment. Defense counsel objected to testimony relating to what was found in the apartment. “Surely there are some rights left in this country. The objection is sustained,” Baltzell declared. The men were found • guilty of operating a nuisance and will be sentenced Friday afternoon. Police testified they hid behind the railroad elevation wal across the street from the place and saw the defendants obtain bottles from nearby entranceways which were handed to customers in the poolroom. The officers said they did not arrest any of the men at these times because they were unable to get from their hiding place to the poolroom quick enough to nab them while they stfii were in possession of the bottle*. *

Dow-Jones Summary

Strike of iron workers on Jobs of Starrett Bros. & Eken. Inc., which began March 27. called off as result of reported preliminary agreement to end twentv-flve-vear strike between International Association of Iron Workers and New York Iron Workers Employes. Hackensack Water Company calls for redemption June 1, at $27.50 a share, outstanding 7 per cent preferred stock. Common holders offered rights to subscribe at $23 for one additional common share for each two held. Richard Whitnev elected president of New York Stock Exchange succeeding E. H. H. Simmons retired. Chancellor Wolcott in Dover. Dela.. overruled objections of counsel for David Adler to a quick hearing on receivership action filed against Celotex Company by Adler—set May 20 for hearing sustaining plea Celotex attorneys. Adler alleges he owns fifty shares of stock, but corporation denies he is a stockholder of record. Standard Oil of Kansas declared regular quarterly dividend of 50 cents, payable June 16, record May 24. Paramount Publix Corporation declared

Business — and — Finance

The fifty representative stocks traded on the New York Stock Exchange during the week ended May 10, had a market value of $27,959,727,096 at the close of business Satqrday compared with $25,800,868,884, an increase of $2,158,858,212 or 8.37 per cent, according to a compilation by McClure, Jones & Cos., members of the New York Stock Exchange. The fifty most active stock traded on the Chicago Stock Exchange during the week ended Mav 10. had a market value of $3,599,510,001 at the close of business Saturday as compared with $3,292,662,281 at the close of the previous week, according to a compilation by Otis & Cos. This represents an increase of $306,847,720 or 9.31 per cent. Auburn Automobiles Company in the three months ended Feb. 28, 1930, earned a consolidated net profit, after depreciation. taxes and minority interest of $96,623. equal to 55 cents a share on the 173,385 shares of stock outstanding, compared with $526,573 or $3.04 a share, on the basis of the same capitalization, in the corresponding period a year ago. CHICAGO, May 13.—Net earnings of the Central Public Service Corporation increased 13.37 per cent in the twelve months ended March 31, 1930, it was announced Monday by Albert E. Pierce, president. Gross earnings in the same period gained 7.87 per cent. Federal Water Service Corporation, a subsidiary of Tri-Utilities Corporation, reports consolidated gross revenues, including other income, of $16,440,005 for the year ended Feb. 28, 1930. as compared with $15,252,522 for the preceding twelve months, an increase of $1,187,483. or 7.78 per cent. Operating expenses, maintenance, reserve for retirements and replacements, and general taxes totaled $7,276.263, as against $6,773,122. Gross corporate Income of $9,163,641 showed an increase of $684,242, or 8.06 per cent. F. & W. Grand 5-10-25 Cent Stores, Inc., operating subsidiary of F. & W. GrandSilver Stores. Inc., reports gross sales of $1,935,515 for April against $1,588,397 last year, an increase of $347,118 or 21.8 per cent. Sales for the four months ended April, totaled $6,160,418 against $5,571,833 for the same period last year, an increase of $588,584 or 10.5 per cent. The Schiff Company, for April report* gross sales of $994,214 against $603,780 for April, 1929, an increase of $390,434 or 64.6 per cent. For the four months ended April, sales totaled $2,742,013 against $2,139,008 for the same period last year, an increase of $603,007 or 28.2 per cent. Gross sales of twenty of the leading chain store system of the country for April indicats that the loss reported in sales during March, was more than offset by the gains reported in April, and therefore total business for the first four months of the year record a moderate gain compared with the previous year, according to figures compiled by George H. Burr & Cos., specialists in chain store securities and financing. .

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis, 19c: henery quality. No. 1 20c: No. 2. 17c. Poultry (ouying prices)—Hens, weighing 4% lbs. or over. 20c; under 4% lbs.. l?o; Leghorn hens. ISc: springers. 4 lbs., or over 21c: under 4% lbs.. 21c: broilers, 1930. 25c: old cocks. 12@15c; ducks, full feathered, fat. whites. 12c: geese. 10c. These prices are for No. 1 top qual.ty, aucted bv Kingan & Cos. Butter (wholesalei—No. 1 42@43c: No 2. 40 @ 41c. Butterfat—2B®3oc. Cheese (whoiesaie selling price per pound)—American loaf. 31c; pimento loaf, 33 Wisconsin firsts. 27c; Longhorns. 34c: New York limberger. 36c. Bu United Press , CHICAGO, Mav 13.—Eggs—Market, weak; receipts 40.114 cases; extra firsts. 22@ 22%c; firsts. 21c; ordinaries. 19%®20c; seconds. 18%c. Butter—Market, steady; receipts 19,056 tubs; extras 34%c; extra firsts 32%®33%c: firsts, 30%@31%c; seconds, 28@29%c; standards. 34 %c. Poultry—Market, steady: receipts. 1 car; fowls. 20c: springers. 29c; Leghorns. 20c; ducks, 18@20c; geese. 14c; turkeys. 20c; roosters. 15%c: broilers. 34®38c. Cheese— Twins 18%® 19c; Young Americas. 20c. Potatoes—On track 257; arrivals. 80; shipments. 480; market old stock firm to barely steady; Wisconsin sacked Round Wh'tes. [email protected]; Idaho sacked Russets, $3.25®3.50: new stock, slightly, stronger; Texas sacked blis triumphs, $3.50®3.75; Alabama and Louisiana sacked bliss triumphs, [email protected]. Bu United Press CLEVELAND. 0.. May 13—ButterExtras. 38%c: extra firsts. 38'/4C. Eggs— Extras. 22c: firsts. 21c. Poultry—Fowls. 22 @23c; medium. 22 @ 23c; Leghorn, 20c; heavy springers 35®40c; Leghorn springers. 28® 32c: ducks. 20@24c; old cocks, 12® 14c; geese, 10® 15c, Potatoes—Maine Green Mountain. $4.50 per 150-lb. sack; Idaho Russet. $4.25 per 100-lb. sack. Bu T 7 nited Press . CINCINNATI. May 13.—Butter—Steady: creamery in tub lots, according to score, 34® 36c: common score discounted. 2® 3c; packing stock No. 1. 25c; No. 2,16 c; No. 3.12 c: butterfat. 32@35c. Eggs—Lower: resh gathered. 20® 22c; firsts. 20c; seconds, 20c; nearby ungraded, 19@21c. Live poultry —Fowls. 5 lbs. and over, 196 c; 4 lbs. and over. 10c; Leghorns. 19c: roosters 13c: broilers, colored, over 2 lbs.. 37c: 11% lbs. and over, 33c; 1% lbs. and over 28c; Leghorn and Orpington broilers. 1% lbs. and over. 31c: 1% lbs. and over. 25c; broilers, partly feathered. 24@26c: black springers, 24c.

On Commission Row

FRUITS Apples—Basket: Baldwin. [email protected]: Stayman. s2® 3; Winesaps. $3.25: Northern Spy $2.25; Ben Davis. $2.25. Boxes; Delicious. [email protected]: Stsyman. [email protected]: Winesaps. $2.75® 3.25. Barrels: Baldwin. s6@ 6.50: Ben Davis. $5.50; Winesaps. s7@ 8 50 Grapefruit—Florida. s6®7 a crate. ' Grapes—California Emperor, kegs $5.50. Lemons —Fancy California. $5.75®6.75; imported. Messina, $5®5.50. Limes —Florida, $2.50®3 a 100: Dom oranges—Florida, s6® 8.50: California, naval. ss@9 a crate; Valencia. $6.25@8 a crate. Pineapples—Cuban, $4.25 a crate. Strawberries —Alabama. 24-quart crate. S5 pears—Avocado. California. $7 a dozen: D'Anjou. $4.75(8.5 a box. VEGETABLES Artichokes—California. *1.25 a dozen. Asparagus —California and Georgia. 45c e. bunch: 53.50@4 a case. Beans—Texas stnngless. *3.20 a ham—Louisiana, new. *2.50 a crate: Indiana. $2 a bushel. Cabbage—Texas, new. 6%@7c a pound. Carrots—California. $3 a crate: Texas. $2.75; Indiana. *1 a bushel Cauliflower —Western. $1.7502.25 a crate. Celery—Florida. $4.75%5 a crate. Cucumbers —Hothouse. $1.65 a dozen. Eggplant—Southern. $1.25@2 a dozen. Kale—Eastern. $1.25 a bushel. Lettuce—California Iceberg. *4.500.5 a crate, hothouse. *1.50 a fifteen-pound Da onlons—Colorado Spanish. *1.75 a crate: Indiana yellow. *1.25 a sixty-pound bag; white. *2 a bag: green, home-grown. 45c dozen; new Texas yellow Bermuda. *2 40 a Pars?ev—Southern. 50c a dozen bunches. Parsnips—lndiana. *1.35 a bushel. Peas—California. S3 a hamper. Peppers—Florida. *6 a crate. Radishes—Hothouse, buttons. 60c dozen bunches: Southern long red. 25c: Arkansas. three dozen bunches. *1.50. Rhubarb—Home-grown. 35c a dozen. Spinach—Texas. $1.25 a bushel. Tomatoes—Florida. *s@6 a crate: Mexican. 10-pound box. *2. Turnips—lndiana *3: new. *4. Potatoes—Michigan round whites. *s® 5.25 a 150-pound bag: Colorado Russets. *4.50 a 100-pound bag: Red River Early Ohios. *[email protected] a 120-pound bag: new 1 Florida Cobbler. *3 a 50-pound hamper. Sweet potatoes Tennessee, *2.25; Louisiana Jlc.den Glow, *2.75.

regular quarterly dividend cf $1 on common. payable June 28. record 6. Directors and officers were re-elected. Jordan Motor Car directors were reelected. Copper Exporters. Inc., advance price of copper % cent a pound to 13.30 cents c. i. f European base ports. Domestic copper quoted at 13 cents delivered, up % cent. Daily average production of crude oil in United States week ended May 10 totaled 2.597.441 barrels, increase 8.411 barrels, according to Oil and Gas Journal. Consolidated Gas Company filed petition with public Service commission asking consent to transfer to Bronx Gas and Electric Company of gas franchise rights now held bv consolidated in Pelham Bay Park and City Island. Railway Age announces that number of freight cars ordered during April should read 1.543 instead of 1,843. This brings revised total for the first four months of 1930 to 28,570 cars instead of 28.870 cars. CHICAGO—United States motor gasoline in the resale market here based on midcontinent, Group 3. district is quoted at 7®7%c a gallon, against 7%@7%c, previously. Gasoline of 60.62 eravity is 7%@ 7%c. against 7 s s®7%c. while Naphtha is 6%®7'/sC. against 7®7%c. Barker Brothers Corporation declared regular quarterly dividends of 50 cents on common and $1.62% cents on $6.50 preferred. payable July 1. record June 15. B. F. Goodrich common sells ex-rights on New York Stock Exchange May 14. Rights expire May 22. Solvav American Investment Corporation year ended March 31. 1930. earned $9.86 on common against $7.34 in previous vear. Security holdings on March 31 had market value of $149,286,414. Pierce Oil Company directors were reelected. LONDON—New York cables opened at $4.85 27-32; Paris checks, 12.28; Amsterdam. 12.075; Italy. 92.675; Berlin, 20.36. Association of Cotton Textile Merchants report on April operations in standard cotton cloths shows sales for month 86.8 per cent of output. Shipments 98.5 per cent of output. Unfilled orders decreased 7.8 per cent. Stocks on hand increased 0.9 per cent.

NOBLITT-SPARKS ISSUES REPORT Indianapolis Company Denotes Gain Over 1929. Noblitt-Sparks Industries, Inc., today reported unfilled orders on their books, as of May 1, of $1,912,732, compared with unfilled orders as cf May 1, 1929, of $846,451, and May 1, 1928, of $194,796. For the first four months of 1930 the company has sold 96,000 new heaters of the type it developed during 1929, as against total sales of only 78,000 for entire year of 1929. Q. G. Noblitt, president, said that, assuming business to be no worse than it was the first quarter of this year, the company would earn at least as much as it did in 1929, with a probability of substantially greater net profit. The business now, he said, is running far ahead of any previous period in the history of the company.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings May 13. $4,116,000; debits. $7,715,000. CHICAGO STATEMENT Bu United Press CHICAGO. May 13.—Bank clearings. $111,900,000; balances. $9,800,000. NEW YORK STATEMENT Bu T’nited Press NEW YORK. May 13.—Bank clearings. $1.359.000.000: clearings house balance. S190.000.000: Federal Reserve bank credit balance, $163,00.000. TREASURY STATEMENT Bu United Press WASHINGTON. May 13.—Treasury net balance on May 10. was $102,370,305.98; customs receipts for the month to that date totaled $17,740,039.84; government expenditures on Mav 10, were $10,295,408.35. Births Boys Ray and Jennie Jackson. 3820 Hoyt. Walter and Lela Smith. 3822 Spann. Gilbert and Lucile Gardner. 826 South Belmont. Henry and Ellis Bundle. 1517 South Grace. Aldies and Mary Wilson. 559 Vinton. Gus and Irene Wetter, 1449 East William Leslie and Muriel Cook. 2867 North Denny. Glen and Le Ray Collins. 3031 Phipps. Ranzie and Minnie McNav. 1249 Roach. William and Farris Wilson. 1915 Hovey. Paul and Jane Staples. 759 Fletcher. Murl and Lucy Capps. 313 Cincinnati. Girls - Arthur and Hilda Eubank, Methodist hospital. Harold and Madge Cox. Methodist hospital. Louis and Anna Cohen. Methodist hospital. Raymond and Altra Bird. 1817 Thaiman. William and Mary Greibelbauer, 1315 North Grant. Hugh and Florence Bass. 2419 Shriver, Deaths Charlotte Denny. 73. 430 North Denny, cerebral hemorrhage. Phvllis Kapps. 2, Riley hospital, tuberculous meningitis. Edwin M. Rodgers. 66. city hospital, cardio vascular renal disease. George Hicks, 45. city hospital, accidental. Aron W. Tolin, 70, Methodist' hospital, peritonitis. Mary V. Drury. 24. Methodist hospital, acute myocarditis. Phillip Stevens. 19 days, Coleman hospital. infantile paralysis. James Le Feber, 33. Methodist hospital, lobar pneumonia. Joseph Edgar Shirk 62, 4912 East Washington. cerebral hemorrhage. Lloyd Davn'e Evans. 19, city hospital, cerebro spinal meningitis. . J Helen Loraine Douglas, 11, Methodist hospital, tuberculous meningitis. Margaret Caldwell Jones. 73. 1515 North Pennsylvania, carcinoma. Rose Mullin Yates. 60. Central Indiana hospital, apoplexy. DOG LEFT TO STARVE Society Probes Cruelty to Animal Tied to Tree on Island. Indianapolis Humane Society is investigating cruelty to a black and white dog, found tied to a tree on an island in White river Sunday. Joseph Winnefeld, 2026 Ruckle street, found the animal left to starve.

Northern Wonderlands Cruise to the Land of the Midnight Sun If you want an unusual vacation—spend it in the land of the midnight sun—where nature offers more strange contrasts and charming changes than in any region of its size on the globe. Summer Vacation Full of Refreshing New Experiences; a Helpful Ocean Voyage Under Unusually Pleasant Conditions Let the Union Trust Travel Bureau handle all the details of your trip complete details can be obtained from RICHARD A KURTZ, Manager Travel Bureau The Leading Travel Bureau 01 Indianapolis £ UNION TRUST* 130 Eart Market St Pail

MAY 13,1930

SLIDING CLAUSE IN SEA TREATY SENATTTARGET British Right to Build War Craft If Threatened, Is Questioned. Bu United Pres* WASHINGTON, May 13.—The “escalator” clause in the London naval treaty, which permits Great Britain to build ships if menaced by French naval construction, was subjected to fire when Secretary of State Stimson appeared again today before the senate foreign affairs committee. Chairman Borah interrupted Stimson for the first time to question him about the clause, while Senator Swanson (Dem., Va.). who also is a banking member of the naval committee, said the clause might nullify the treaty. Can Not See Parity Close questioning on this part of the treaty followed inquires from committee members regarding parity of the British and United States fleets, some members intimating that they did not consider the treaty gave the United States parity. Stimson admitted that American naval officers are divided about the merits of six-inch cruisers, of which this country has none. , Chairman Hale of the naval affairs committee, disagreed with Stimson's opinion regarding the parity of 6 and 8-inch guns and said he would develop a challenge to it in hearings scheduled to begin Wednesday before his committee, with Secretary of Navy Adams as first witness. Stimson in Defense Defending the “escalator” clause. Stimson said “construction of continental powers might alarm and menace Britain.” “We thought,” he said, “this was the best means because It places building in the conscience of the power which must get up and say her security is menaced. Wo thought public opinion would prevent any nation lightly having recourse to the escalator clause.” “Suppose France should build and we should want to build, we could do it?” Borah asked. Stimson did not reply directly, saying neither the United States nor Japan sees in the clause any invitation to build. Marriage Licenses Calvin E. Plummer. 26. of 1624 North Pennsylvania, printer, and Mary L. Trees. 27. of 614 South East, clerk. George R. Anderson. 22. of 319 Fulton, waiter, and Clarris E. Welsh. 18. of 319 Fulton, clerk. Clova Hudson. 31. of 1434 Kennington. laborer, and Minnie Holt. 25. of 1252 Madison. clerk. Arthur Kennedy. 40, of R. R.. 18. Box 613, farmer, and Hester C. L. Stevenson. 42. of R. R. 18. Box 612, nurse. Virgil Walden. 44. of 935 East Market, decorator, and Inetta P. Thomas, 19. of 940 Dally. Harry E. Purtie. 22. of 42 West Eleventh, clerk, and Kathryn W. Preckett. 21. of 42 West Eleventh, secretary. Clyde R. Pierce. 30. of 3221 Park, salesman. and Mary E. Travis. 24. of 3107 College. Harry J. Neaman. 32. of 2624 West Washington. painter, and Gwendolyn McMurtrey, 21. of 34 North Holmes, stenographer. John B. Willoughby. 43, of 1334 Hiatt, clerk, and Lucille Hammel. 38. of 243 3outh Temple. Willard A. Grow. 27. of 109 West St. Ciair. mechanic, and Alice Carmichael. 18. of 1471 Roosevelt. Eugene A. Kleninger. 33. of 1647 Ee.-.t Southern, plasterer, and Frieda Mueller, 28. of 1647 East Southern. Building Permits Ted Buckles, repairs. 1814 Hillside. 800. Albert Bunch, dwelling and garage. 2014 Sugar Grove, $5,200. Henry Manning garage. 2029 Gent. $245. Will Hawkins, garage. 917 Lock, $265. Clyde Hennings, garage. 2414 Stuart, $285. Andrew Glenn, repairs. 722 West Twelfth. $1,300. William Cox. alterations, 4124 East Twenty-first. $1,915. Oliver Miller, repairs, 1845 South Keystone. $745. George Newman, repairs. 432 North Bevlllc. $1,750. C. Reifleld. reroof. 928 North Garfield, S2OO. C. F. Bernhardt, reroof. 1325 Madison. $250. Edna Reifers, repairs. 746 Orange. $250. E. Baker, garage. 1220 Mills. $250. George Bischoff, reroof. 1958 North Dearborn, $550. George Bischoff reroof. 1952 North Dearborn. $550. M. Howitz, repairs, 320 East Washington. $1,500. Anna Brennan, repairs. 1025 South State, SSOO. W. W. Maple, repairs. 924 Albany, S2OO. H. Ferdning. rcroof. 1213 Spann. $250. O. Chandler, garage. 1527 Lexington, S2OO. H. Deckle garage. 1603 Lexington. $225. J. J. Rogers, repairs. 5234 Ellcnberger, $1 400.

f J r WILD inMstment CO I “Leaders of Industry” j Shares A Fixed Trust 139 E. Market Lincoln 6884

R.H. Gibson & Cos. Member* SEW rORK. Cktcage end Cmdmmti Steel ExcManses 320 Circle Tower Indianapolis Td. Lincoln 2341 SI Broadway NEW YOitK 307 Dixie Terminal Bids. Qadmti